Teladoc (TDOC) Stock Forecast & Price Target

Teladoc Health Inc. experienced significant growth in its Integrated Care membership, increasing to 102.5 million from 91.8 million a year ago, indicating strong demand for its virtual care services. The company generated approximately $15.9 million in operating cash flow, with $1,193.3 million in cash and cash equivalents, highlighting its solid financial position. Management also anticipates continued membership growth and stable Customer Acquisition Costs (CAC), which contributes positively to the outlook for revenue and overall business expansion.

Teladoc Health has encountered a significant decline in its BetterHelp segment, with users dropping to 397,000, reflecting a decrease from both the previous quarter and the same quarter last year, signaling potential issues in customer retention and engagement. Furthermore, the company's fiscal year 2025 topline guidance remains unchanged; however, the expected inclusion of Uplift is anticipated to negatively impact BetterHelp and consolidated margins, resulting in a revised EBITDA outlook. Additionally, the first quarter of fiscal year 2025 presented a GAAP EPS loss of ($0.53) due to goodwill impairment, juxtaposed with a total revenue decline of 2.6% year-over-year, primarily driven by a 10.8% contraction in the BetterHelp segment.